Today's trending crypto news includes several significant developments:
Bitcoin and Solana Surge: Bitcoin and Solana are experiencing notable gains, with Solana reaching record-high validator tips. This comes as Sonic, a gaming-focused platform, reported over 1 million monthly active users during its testnet phase (COIN360).
Toncoin's Rise: Binance has listed Toncoin (TON) and introduced new trading pairs, contributing to Toncoin's surge. This is largely driven by its integration with Telegram mini-games, helping it enter the top ten cryptos with a market cap of $15.8 billion (COIN360).
Pacmoon to Solana: The memecoin Pacmoon announced its migration from Ethereum to Solana, rebranding as ARMY. This move caused a significant price increase for PAC tokens (COIN360).
Nexera's Security Measures: Following a hack, Nexera burned 32.5 million stolen tokens to enhance security and stabilize the market. This is part of broader security measures across the DeFi sector after several coordinated attacks (COIN360).
Russia Legalizes Crypto Mining: Russia has legalized cryptocurrency mining, allowing registered entities to participate under new regulations. This move is part of a broader strategy to integrate crypto into Russia's economy amid Western sanctions (The Block) (Kitco).